Worth reading
72In focus
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
7
Hundreds of millions of yenWording
Conditional
How definitive the wording is.This transaction
This transfer of equity interestsCounterparty佛山市南海矽鋼鐡芯制造有限公司
Disclosing companyTAMURA CORPORATION
Execution Date / Effective DateAll procedures were completed on 30 June 2026. The company is scheduled to cease being a consolidated subsidiary from the first quarter of the fiscal year ending March 2027.
Target company
Location Foshan, China
Consideration and expenses
Amount of extraordinary income (loss)Gain of approximately ¥700 million on the transfer of equity interests, recognized as extraordinary income, expected to be recorded in the first quarter of the fiscal year ending March 2027
Impact on Business Performance
The Company expects to record a gain of approximately ¥700 million on the transfer of equity interests as extraordinary income in the first quarter of the fiscal year ending March 2027. This has already been incorporated into the full-year consolidated earnings forecast for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | This transfer of equity interests |
| Counterparty name | 佛山市南海矽鋼鐡芯制造有限公司 |
| Name of the Subject Company | 田村汽車電子（佛山）有限公司 |
| Location of the Subject Company | Foshan, China |
| Number of shares acquired | All equity interests |
| Amount of extraordinary income (loss) | Gain of approximately ¥700 million on the transfer of equity interests, recognized as extraordinary income, expected to be recorded in the first quarter of the fiscal year ending March 2027 |
| Impact on Business Performance | The Company expects to record a gain of approximately ¥700 million on the transfer of equity interests as extraordinary income in the first quarter of the fiscal year ending March 2027. This has already been incorporated into the full-year consolidated earnings forecast for the fiscal year ending March 2027. |
| Execution Date / Effective Date | All procedures were completed on 30 June 2026. The company is scheduled to cease being a consolidated subsidiary from the first quarter of the fiscal year ending March 2027. |
Items this document does not state (24)
Business Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This disclosure does not explain the reason for the transfer of equity interests.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.